Showing results for 'weve' in Articles
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EU pulls trigger on Russia Swift ban – but will it be effective?

02 Mar 22 @ 16:58

The European Union has announced it will exclude seven Russian banks from the Swift messaging system but stopped short of including those handling energy payments. However, there are those questioning... read more

Contactless card transactions explode globally

01 Mar 22 @ 09:49

RBR research shows that the number of contactless card purchases increased by 36% in 2020. Many hygiene-conscious consumers gravitated towards contactless payment methods during the pandemic to minimise contact with... read more

European Banks can benefit by adding BNPL to enhance customer experience and boost profitability

28 Feb 22 @ 11:46

Recent years have seen stratospheric growth in BNPL around the world and across Europe, with Grandview Research predicting the global market will reach €17.9 billion by 2028, representing year-on year... read more

80% of US consumers now use digital payments

28 Feb 22 @ 10:51

More than 80% of Americans used some form of digital payments in 2021, continuing a long-standing trend. The findings of McKinsey’s 2021 Digital Payments Consumer Survey – an ongoing research... read more

Indecision in Europe as UK and US push for Russian ejection from Swift

25 Feb 22 @ 16:21

A raft of economic sanctions have been heaped on Russian banks and oligarchs as the West promises to make Vladimir Putin pay dearly for invading Ukraine. But even with Russian... read more

Digital transaction banking battleground heating up

25 Feb 22 @ 13:00

No trend is more reliable than transaction banking (TB) retaining its much-vaunted position as the bedrock of commercial banking customer engagement and relationship management strength. Across cash management, payment processing... read more

Long Read: Are central banks going off the idea of CBDC?

21 Feb 22 @ 13:33

The Federal Reserve recently requested comment on a discussion paper describing the potential benefits and costs of issuing a CBDC. The paper is not the ringing endorsement of the concept... read more

Open Banking and Variable Recurring Payments (VRPs) – what’s next on the roadmap

09 Feb 22 @ 09:39

The continued roll out of Open Banking is seeing its next major step forward as the nine largest banks in the UK (the CMA9) prepare for the implementation of Variable... read more

Open Banking will be here sooner than you think – Here’s why

07 Feb 22 @ 17:21

A new report by European Open Banking services provider Tink finds much positive sentiment about the greater competition and wider palette of services Open Banking will bring. Such breathless optimism... read more

Half of the world’s population will use mobile wallets by 2025

07 Feb 22 @ 15:00

In 2019, mobile wallets overtook credit cards to become the most widely used payment type globally. In 2020, the COVID-19 pandemic became another accelerant of the continued digitization of the... read more

Future of payments: Innovation shifts from consumers to businesses

03 Feb 22 @ 16:11

Increasingly blurred boundaries mean that practically anyone can declare themselves a payment provider, using banking-as-a-service to embed payments. Customers can filter this choice through a lens of preference and habit. For firms, complexity... read more

SEPA Payment Account Access (SPAA) – developing a new scheme

02 Feb 22 @ 10:25

At its 24 November 2021 meeting, the EPC Board accepted the Euro Retail Payments Board’s (ERP) invitation to act as Scheme Manager for a new SEPA Payment Account Access (SPAA)... read more

Digital Identity revenue to exceed $53 billion globally

01 Feb 22 @ 17:19

A new study has found that revenue for digital identity vendors will exceed $53 billion globally in 2026; doubling from $26 billion in 2021. Digital identity revenue includes third-party and... read more

European Central Bank report on card fraud in the euro area

01 Feb 22 @ 13:12

The latest version of the European Central Bank fraud report is now available. The report, Seventh report on card fraud, analyses trends in card fraud in 2019 as reported by... read more

Tap on Mobile: Meeting merchant demand for more flexible acceptance

28 Jan 22 @ 11:43

In the second part of a two-part series on Tap on Mobile, PCM spoke to Tim Dziubek, Director of Payment Products at Discover Global Network, to learn more about Tap... read more

Meta (Facebook) forced to sell Diem assets as digital payments ambitions fail

27 Jan 22 @ 12:11

The Diem cryptocurrency project is being forced to sell its assets, as Meta (Facebook) admits defeat in its ambitions in the digital payments space. The Diem Association, which was launched... read more

Huawei bypass Google US trade ban to launch NFC wallet with Curve

25 Jan 22 @ 15:06

Huawei has partnered with Curve – the financial app which combines all of your debit, credit and loyalty cards into one, smart card or NFC wallet – so Huawei customers can pay... read more

Long Read: Payment predictions for an industry in flux

25 Jan 22 @ 12:07

Thanks to the pandemic, consumers have become accustomed to doing almost everything online, accelerating digital transformation and embedding new behaviours. After a 5% in global payment revenues in 2021, the... read more

UK failing in fight against economic crime report reveals

24 Jan 22 @ 10:26

Spotlight on Corruption, an anti-graft charity, says economic crime costs the UK hundreds of times more than the government spends fighting it each year. Spotlight on Corruption, says in its... read more

BNPL keeps growing – The sector badly needs regulation

20 Jan 22 @ 18:04

Here at Payments Cards & Mobile, it can be hard to keep track of all the good news stories flying around about the “Buy Now, Pay Later” (BNPL) segment. Record... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more